HEMPRO: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
HEMPRO
Largest movements
- Stocks and contracts -€7.2m
down €7.2m (-28.6%), from €25.2m to €18.0m
- Receivables within one year +€1.5m
up €1.5m (+66.1%), from €2.3m to €3.7m
of which Other amounts receivable: +€944,016
- Cash -€1.3m
down €1.3m (-78.8%), from €1.6m to €339,860
mainly Short-term financial debts (-€7.9m) and Debts after one year (-€2.6m)
- Receivables after one year -€1.1m
down €1.1m (-100.0%), from €1.1m to €0
- Financial fixed assets -€532,950
down €532,950 (-84.2%), from €632,750 to €99,800
- Short-term financial debts -€7.9m
down €7.9m (-64.6%), from €12.3m to €4.3m
- Debts after one year -€2.6m
down €2.6m (-26.6%), from €9.6m to €7.0m
- Reserves +€1.5m
up €1.5m (+28.7%), from €5.1m to €6.6m
of which Distributable reserves: +€1.5m
- Gross operating margin +€2.1m
up €2.1m (+164.5%), from €1.3m to €3.4m
- Taxes +€573,128
up €573,128 (+487.2%), from €117,629 to €690,757
- Financial income +€245,588
up €245,588 (+100.1%), from €245,358 to €490,946
- Financial charges -€207,812
down €207,812 (-24.4%), from €851,001 to €643,189
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,760,190 | €22,218,346 | -€8.5m | -27.8% |
| Fixed assets | 21/28 | €632,750 | €99,800 | -€532,950 | -84.2% |
| Financial fixed assets | 28 | €632,750 | €99,800 | -€532,950 | -84.2% |
| Current assets | 29/58 | €30,127,440 | €22,118,546 | -€8.0m | -26.6% |
| Amounts receivable after more than one year | 29 | €1,060,381 | €0 | -€1.1m | -100.0% |
| Other amounts receivable | 291 | €1,060,381 | €0 | -€1.1m | -100.0% |
| Stocks and contracts in progress | 3 | €25,212,335 | €18,012,590 | -€7.2m | -28.6% |
| Stocks | 30/36 | €25,212,335 | €18,012,590 | -€7.2m | -28.6% |
| Amounts receivable within one year | 40/41 | €2,251,445 | €3,739,058 | +€1.5m | +66.1% |
| Trade receivables | 40 | €87,465 | €631,062 | +€543,597 | +621.5% |
| Other amounts receivable | 41 | €2,163,980 | €3,107,996 | +€944,016 | +43.6% |
| Cash at bank and in hand | 54/58 | €1,601,712 | €339,860 | -€1.3m | -78.8% |
| Deferred charges and accrued income | 490/1 | €1,567 | €27,038 | +€25,471 | +1625.3% |
| Total equity and liabilities | 10/49 | €30,760,190 | €22,218,346 | -€8.5m | -27.8% |
| Equity | 10/15 | €5,137,561 | €6,604,902 | +€1.5m | +28.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,118,961 | €6,586,302 | +€1.5m | +28.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €5,118,961 | €6,586,302 | +€1.5m | +28.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €25,622,629 | €15,613,444 | -€10.0m | -39.1% |
| Amounts payable after more than one year | 17 | €9,589,966 | €7,039,966 | -€2.6m | -26.6% |
| Financial debts | 170/4 | €9,589,966 | €7,039,966 | -€2.6m | -26.6% |
| Amounts payable within one year | 42/48 | €16,030,522 | €8,569,750 | -€7.5m | -46.5% |
| Current portion of amounts payable after more than one year | 42 | €705,605 | €933,333 | +€227,728 | +32.3% |
| Financial debts | 43 | €12,279,698 | €4,343,000 | -€7.9m | -64.6% |
| Credit institutions | 430/8 | €12,279,698 | €4,343,000 | -€7.9m | -64.6% |
| Trade debts | 44 | €17,281 | €8,886 | -€8,396 | -48.6% |
| Suppliers | 440/4 | €17,281 | €8,886 | -€8,396 | -48.6% |
| Taxes, remuneration and social security | 45 | €40,549 | €59,586 | +€19,037 | +46.9% |
| Taxes | 450/3 | €40,549 | €59,586 | +€19,037 | +46.9% |
| Other amounts payable | 47/48 | €2,987,389 | €3,224,944 | +€237,555 | +8.0% |
| Accrued charges and deferred income | 492/3 | €2,141 | €3,729 | +€1,588 | +74.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €14,950 | +€14,950 | |
| Other operating charges | 640/8 | €4,263 | €32,397 | +€28,134 | +659.9% |
| Non-recurring operating charges | 66A | €1,893 | €0 | -€1,893 | -100.0% |
| Gross operating margin | 9900 | €1,269,268 | €3,357,689 | +€2.1m | +164.5% |
| Operating profit (loss) | 9901 | €1,263,111 | €3,310,341 | +€2.0m | +162.1% |
| Financial income | 75/76B | €245,358 | €490,946 | +€245,588 | +100.1% |
| Recurring financial income | 75 | €245,358 | €490,946 | +€245,588 | +100.1% |
| Financial charges | 65/66B | €851,001 | €643,189 | -€207,812 | -24.4% |
| Recurring financial charges | 65 | €851,001 | €643,189 | -€207,812 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €657,468 | €3,158,098 | +€2.5m | +380.3% |
| Income taxes | 67/77 | €117,629 | €690,757 | +€573,128 | +487.2% |
| Profit (loss) for the period | 9904 | €539,838 | €2,467,341 | +€1.9m | +357.1% |
| Profit (loss) for the period to be appropriated | 9905 | €539,838 | €2,467,341 | +€1.9m | +357.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.